@article{MAKHILLPJSS2007417135, title = {Economic Effect of Development Aids in Nigeria: A Co-Integration Analysis}, journal = {Pakistan Journal of Social Sciences}, volume = {4}, number = {1}, pages = {92-97}, year = {2007}, issn = {1683-8831}, doi = {pjssci.2007.92.97}, url = {https://makhillpublications.co/view-article.php?issn=1683-8831&doi=pjssci.2007.92.97}, author = {J.O. Ajetomobi,A.B. Ayanwale and}, keywords = {Economic growth,development aid,Nigeria}, abstract = {This study employed co-integration and error correction model to examine the impact of development aids on Nigeria economic growth. The results show that aids contributed positively to output growth. Specifically, a 100% increase in aid will lead to increase in output by 1.3%. Structural adjustment policy evidenced in currency devaluation was found to make aid more effective.} }